SSY is a Triple-Tax-Exempt (EEE) scheme — invest up to ₹1.5L/yr, earn tax-free interest, and receive fully tax-free maturity.
Girl Child Details
years
0 yrs (Newborn)10 yrs (Max)
Investment Details
₹
₹250 (Min)₹1.5L (Max)
% p.a.
6%Current: 8.2%12%
Maturity Amount (at age 21)
₹0
Matures in 2046 · Deposits for 15 years
Total Deposited
₹0
Total Interest
₹0
Tax Saving (80C)
₹0
Girl's Current Age5 years
Account Opens2025
Deposits End (15 years)2040
Account Matures (21 years)2046
Girl's Age at Maturity21 years
Annual Deposit₹0
Deposit Years15 years
Total Invested₹0
Interest Earned (tax-free)₹0
Wealth Ratio (Maturity/Invested)0x
Annualised Return (XIRR approx)8.2%
Partial Withdrawal (50% at age 18)₹0
Maturity Amount₹0
Year-by-Year Corpus Growth
Total Corpus
Amount Invested
Year
Deposit
Interest
Closing Balance
⚠️ Q1 FY 2026-27. SSY interest rate is 8.2% p.a., compounded annually (interest credited annually on 31 March). Rate is subject to quarterly revision by GoI. Maximum deposit ₹1.5 lakh/year for first 15 years. Account matures 21 years from opening date (not girl's birth date). Partial withdrawal up to 50% allowed after girl turns 18 for higher education. Interest and maturity are fully tax-exempt. Deposits qualify for Sec 80C deduction up to ₹1.5L/year.
About Sukanya Samriddhi Yojana Calculator
Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme for girl children aged 0–10 years at account opening. Deposits must be made for the first 15 years; the account matures 21 years from the date of opening. Current interest rate is 8.2% p.a. (Q1 FY 2026-27), compounded annually and credited on 31 March each year. SSY has EEE (Triple-Tax-Exempt) status — deposits qualify for Sec 80C deduction up to ₹1.5 lakh/year, interest is fully exempt from income tax, and the maturity amount is also fully exempt. Partial withdrawal up to 50% of the corpus is permitted once the girl turns 18 years of age, for higher education expenses. The account can also be prematurely closed for marriage after age 18. Minimum annual deposit is ₹250; maximum is ₹1,50,000.
Frequently Asked Questions
What is SSY and who can open it? +
SSY is a GoI savings scheme for girl children under the Beti Bachao Beti Padhao initiative. Parents or legal guardians can open an account for a girl child aged below 10 years. Maximum 2 accounts per family (3 in case of twins). Can be opened at post offices or designated bank branches.
What is the current SSY interest rate? +
For Q1 FY 2026-27 (April–June 2025), the SSY interest rate is 8.2% per annum, compounded and credited annually on 31 March. The rate is reviewed quarterly by the Government of India. SSY consistently offers the highest rate among small savings schemes.
When does the SSY account mature? +
The SSY account matures 21 years from the date of account opening — not from the girl's birth date. Deposits are required only for the first 15 years; the corpus continues to earn interest in the remaining 6 years without new deposits.
Can I withdraw from SSY before maturity? +
Partial withdrawal of up to 50% of the balance (as of the previous financial year-end) is allowed once the girl turns 18, for higher education. Premature account closure is allowed at marriage (girl ≥18 years) or in case of death, life-threatening illness, or change in residency status.
Is SSY better than PPF? +
SSY currently offers 8.2% vs PPF's 7.1% (Q1 FY26) — SSY rate is higher. Both have EEE tax status and government backing. SSY is exclusively for girl children (age 0-10) and matures at 21 years from opening, while PPF is available to all and has a 15-year tenure. For girl child savings, SSY is generally preferred due to higher returns.